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Industrial output decreases in Oct from Sep

11 Dec 2018, 04:13 ( 10 Months ago) | updated: 11 Dec 2018, 04:16 ( 10 Months ago)

DF Report
Photo Lapland Material Bank by Terhi Tuovinen.

Seasonally adjusted industrial output (TOL BCD) decreased by 2.5 per cent in October from the month before.

According to Statistics Finland, industrial output adjusted for working days was 0.8 per cent higher in October 2018 compared to October 2017.

Adjusted for working days, industrial output went up by 4.0 per cent in January to October from one year back.

In October, seasonally adjusted output decreased by 2.5 per cent from the month before. In September seasonally adjusted output went up by 2.3 per cent from August.

Seasonally adjusted industrial output diminished in several main industries in October.

Seasonally adjusted industrial output fell most in mining and quarrying, by 9.3 per cent. In the chemical industry, output diminished by 1.0 per cent. Output grew most, or by 5.4 per cent, in the electrical and electronics industry.